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The price cap for Oyster card users was set at the price of an equivalent one-day, unlimited-ride Travelcard. [7] TfL has expanded its fare capping system since its introduction, adding 7-day caps and contactless bank card support in 2014. [3]: 11 Another early implementation of fare capping in Europe is in Dublin, starting in 2012.
The daily cap is £8.10 within zones 1-2 and £14.90 within zones 1–6, provided no maximum fares are incurred for failure to touch in or out, or for touching in or out at the same station. [79] A lower cap of £5.25 applies if the day's journeys are restricted to buses and trams only. [ 80 ]
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A quarterly survey known as the Travelcard Diary Survey is undertaken, where travelcard holders are asked to record all the bus, rail and tube trips they have made using their travelcard. Both "in-boundary" and "out-boundary" (i.e. Travelcards in or outside the zonal areas) are surveyed, as well as day and monthly, weekly and annual Travelcards.
Transport for London (TfL) is a local government body responsible for most of the transport network in London, United Kingdom. [2]TfL is the successor organization of the London Passenger Transport Board, which was established in 1933, and several other bodies in the intervening years.
All of Greater London is within the six principal fare zones numbered 1 to 6. Inner zone 1 forms a roughly circular area and covers central London. Each of five outer zones forms a concentric ring around it. Zones 4, 5 and 6 additionally extend into parts of Essex, Hertfordshire and Surrey. List of boroughs in each zone:
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It is operated by Transport for London (TfL). Most of the system is north of the River Thames, with six of the London boroughs in the south of the city not served by the Underground. The London Borough of Hackney, to the north, has two stations on its border.